1505-7 N 63rd TER Kansas City, KS 66102
UPDATED:
Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Devaults Sub Re
MLS Listing ID 2619838
Sold Date 09/23/26
Year Built 1963
Annual Tax Amount $4,522
Lot Size 0.280 Acres
Acres 0.2800046
Lot Dimensions 70x178
Property Sub-Type Duplex
Source hmls
Property Description
Current financials reflecting a stabilized net operating income of approximately, producing an estimated 7.2% cap rate at the current list price.
Historical operations show that the property has recently undergone a cycle of maintenance and turnover costs, which have now been largely addressed. As a result, the asset is transitioning into a more predictable, stabilized expense structure reducing near-term capital expenditure risk for future ownership. The roof is approximately 8 years old, further minimizing immediate deferred maintenance.
The property also presents a clear path to increased returns and growth. Reach out to listing agent for details. Buyer and buyers agent to verify all sq ft tax and details independently. Seller makes no warranties.
Location
State KS
County Wyandotte
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Middle Schools Coronado
High Schools Other
School District Kansas City Ks
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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